On 29 August 2025, an industry summit was held that included representatives from the following industry associations:
 
·      Tasmanian Chamber of Commerce and Industry
·      Tasmanian Small Business Council
·      TasFarmers
·      Housing Industry Association
·      Salmon Tasmania
·      Fruit Growers Tasmania
·      Clean Energy Tasmania
·      Tasmanian Transport Association
 
The Summit was held following the 2025 Tasmanian State Election that has delivered yet another hung Parliament.
 
The Summit expresses concern about the negative impacts for business from another hung parliament and urges all parliamentarians to work to build a strong business environment and economy. 
 
The Summit calls on all elected parliamentarians – including and especially the crossbench of independents and minority party representatives – to act responsibly and invites them to engage and seek to understand industry sectors that drive the Tasmanian economy. 
 
In particular, the Summit expresses concern about the recent announcements made in respect of the greyhound and salmon industries. These announcements did not include any genuine consultation with the industry involved and raises the question from all industries, who is next?
 
The Summit expresses great concern that the Tasmanian Parliament may engage in sovereign risk and contends that this will lead to a slump in business and investor confidence.
 
The Summit endorses the concept that each industry association will support each other more closely during these uncertain times.  The Summit declares that an attack on any industry sector would be treated as an attack on all industry sectors.
 
The Summit agrees that industry associations will share information and agree to collective actions more regularly and will meet at least quarterly.  The Summit also agrees that each industry association will share media releases and statements with all other industry associations.
 
Additionally, the Summit declares that industry associations will not be used as “puppets” for policy announcements unless they have been genuinely engaged in the development of the policy. 
 
The Summit acknowledges that the Tasmanian State Budget is on an unsustainable path, and that the reason for this is due to the rapid growth in government expenditure in recent years.
 
The Summit contends that Tasmanian industry wants to be involved in the development of solutions to control the costs of government and has many ideas for how Tasmania can have a more focussed, efficient, and effective state sector.
 
The Summit calls on all parliamentarians to commit to finding solutions to reduce government expenditure and to acknowledgement that governments cannot tax their way out of a budget crisis.
 
The Summit calls on the major parties and their individual elected members to commit to Tasmanians and Tasmanian businesses that they will honour their commitments not to introduce new taxes or increase the rate of existing taxes.  The Summit agrees that this incorporates the broadest definition of taxes and includes all duties, levies, fees, and charges that impose an increased cost burden on Tasmanian businesses.
 
The Summit notes the significant challenges that many industry sectors face in attracting workers to meet the current pipeline of work and potential future growth.
 
The Summit endorses wider reforms of government in Tasmania to better meet the needs of Tasmanians and Tasmanian business including reforms to: government business enterprises, state owned companies, and local government.